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The FX pair USDCAD has recently breakout the downtrend line at 4 hour chart. Below 1.302, look for further downside with 1.297 & 1.29 as targets.
#usdcad #forex #fxtrading #investing #traders #fxtraders #trading #fx
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At Pivot, price weakening. Short at this level. SL at 120.10. TP at S2
#usdjpy #forex #fxtrading #investing #traders #fxtraders #trading #fx
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GBPUSD continues trading in range. Price is retesting support at the 1.5230-20 area. In the event that values of support hold, it raises the possibility of prices returning to values of resistance. Alternatively a breakdown below 1.5320 would signal an end to current range market.
#gbpusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
If we develop a basis for observing Price Behavior with certain indicators, we start observing positive & negative
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USDCAD has broken through a trend line support. Wait till market to retrace back to the trend line at 1.31918 levels for a short position
#usdcad #forex #fxtrading #investing #traders #fxtraders #trading #fx
The FX pair USDCAD is in a 4hour chart uptrend. Wait for price correction at uptrend line to go long.
#usdcad #forex #fxtrading #investing #traders #fxtraders #trading #fx
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The fx pair turned down from R1 resistance level and made an impressive down move until the axis line of the yesterday’s move. After this stop easy to expect a correction and new lows. SHORT position can be taken with the TP of S1. But careful! From a bigger view the trend still in an up move.
Opening a position: in every M5 pullback end to the given directions. Every time it is important to take care for the contexts.
#eurusd #forex #fxtrading #traders #fxtraders #trading #fx
GBP/USD broken through the 1.5220 resistance to the upside. Wait for the momentum to build in to look for 1:1.5 or 1:2 risk to reward.
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With more event risk still to come, a downside break below 1.53, will keep the short bias in play targeting 1.5180
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- At Pivot, price weakening. Short at this level. SL at 1.5480. TP at S2
#gbpusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
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AUDUSD may be working on a double bottom. The next key level for progress is a break above 0.7036. A move above that level would open the door for a test of the resistance at 0.7104.
Selling EUR/USD, as the pair has been on a clear downtrend this entire morning, RSI currently stands well below its midlines on all timeframes, and EMA’s crossover remains favorable to the downside.
#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
EUR/GBP is currently in an uptrend, bouncing off its support, the lower channel line. A cautious Buy is recommended, since the Risk : Reward ratio is favorable on this trade (about 1 : 3).
#eurgbp #forex #fxtrading #investing #traders #fxtraders #trading #fx
EUR/GBP came into support area and is forming some form of a double bottom with a false downside breakout of the latest previous low. I recommend a Buy trade with a stop below the latest low and a target of approximately 1 : 3 Risk : Reward Ratio.
#eurgbp #forex #fxtrading #investing #traders #fxtraders #trading #fx
GBPUSD continues trading in range. Price is retesting resistance at the 1.5450-60 area. In the event that values of resistance hold,
it raises the possibility of prices returning to values of support. Alternatively a breakout above 1.5460 would signal an end to current range market.
#gbpusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
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